4 Key Assertions from Fact.MR Report on Motorcycle Riding Gloves Market
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The global motorcycle riding gloves market is slated to touch a value of nearly US$ 104 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.
4 Forecast Highlights on Global Motorcycle Riding Gloves Market
1. As per the forecast of Fact.MR, the negative cut goalkeeper gloves segment is slated to touch a value of nearly US$ 23 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The negative cut goalkeeper gloves segment is estimated to account for more than one-fifth of the revenue share of the glove type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.
2. As per the forecast of Fact.MR, the franchised sports outlet segment will reach a value of nearly US$ 16 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The franchised sports outlet segment is estimated to account for nearly one-fifth of the revenue share of the sales channel segment in the year 2017 end and is expected to gain market share by the end of the year 2022.
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3. As per the forecast of Fact.MR, the individual buyer type segment is slated to reach a value of nearly US$ 56 Mn in 2022. The individual buyer type segment is expected to gain some market value by the end of the year 2022. The largest share is contributed by the APEJ region in the individual buyer type segment.
4. Fact.MR forecasts the China motorcycle riding gloves market to grow from US$ 4.6 Mn in 2017 to US$ 5.5 Mn in 2022. This represents a compound annual growth rate (CAGR) of 3.3% from 2017 to 2022.
The report has also profiled leading players in the global market for motorcycle riding gloves, which will remain active through 2022. These include companies such as Olympia Gloves, Dainese S.p.A, Adidas AG, Held GmbH, PUMA SE, HB Performance Systems, Inc., Frank Thomas Holdings Limited, Stauffer Manufacturing Company and Gerbing's Heated Clothing Inc.
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